Neco Model Questions Vol1 2020 Commerce Question 47
Practice objective / multiple choice question 47 from the 2020 Neco Model Questions Vol1 Commerce examination.
A trader purchases a commodity at \(\text{₦}150\) per unit and marks it at \(\text{₦}250\) per unit. He offers a 10 % discount on the marked price to customers and must pay a sales tax of 5 % on the selling price after discount. What profit does the trader make on each unit sold?
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About This Question
This is Neco Model Questions Vol1 2020 Commerce Question 47. It is one of the objective questions from the 2020 Neco Model Questions Vol1 Commerce examination.
Difficulty level: Easy .
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